3 Things I’ve Learned From Running My Own Business, The Outsourced Accountant

Small business accouting - Learn from Nick Sinclair
Three and a half years ago, back when I was running my own financial planning firm, we encountered some challenges related to administration tasks. So we thought of ways on how to flip it to make it more efficient. We ended up buying an accounting firm. The Outsourced Accountant was created and born out of ... Read more

What Young Accountants Need To Know Now

Accounting information for young accountants
According to a 2013 survey from Oxford University, 47% of all jobs are ready for automation and that accountants are next to telemarketers who are starting to feel the effects of computerisation. This only means that accountancy is ripe for the digital transition. Accounting automation can significantly improve the way accountants do their jobs and, ... Read more

Top 5 Things To Know About Your Philippine Staff

Outsourcing philippines
Outsourcing is a strategic decision for any company. When done right it can yield immense benefits for both sides, which is why it is important to find effective ways to make the relationship work. It brings together people from different places and various cultures and encourage them to work together toward shared goals. And just ... Read more

Offshoring Accounting Tips For The Modern Accounting Firm

Accounting Tips from Nick Sinclair
From a recent webinar poll we’ve conducted, results showed that three-quarters of accounting firms are outsourcing or getting ready to engage in this space. Even with this significant number, The Outsourced Accountant (TOA) CEO Nick Sinclair believes that the industry has yet to fully benefit from it. For those who are contemplating on or about ... Read more

Outsourcing Offshoring Philippines – Nick Sinclair Podcast Interview

Nick Sinclair Podcast Interview
Recently, our CEO Nick Sinclair was featured in a podcast with Henry Acosta of Vertical Internet Media for his show, Outsourcing Offshoring Philippines. Nick talked about his journey, from the days of financial planning right through to running The Outsourced Accountant (TOA) now. TOA is dedicated to helping Accounting firms in Australia, New Zealand, and ... Read more

Doubling Profit And Supercharging Firm Efficiency – TOA Roadshow 2017

TOA Roadshow 2017 - Melbourne
TOA Roadshow 2017: Breakfast Event (July)   Melbourne Location: The Blackman, 452 St Kilda Road, Melbourne, VIC 3004 Date & Time: 17 July 2017, Monday | 7:30 AM - 9:30 AM   Sydney  Location: QT Sydney, 49 Market St., Sydney NSW 2000 Date & Time: 19 July 2017, Wednesday | 7:30 AM - 9:30 AM   ... Read more

Client’s Day: A Day of Sharing, Learning and Fellowship

One of our key focuses at The Outsourced Accountant is connecting, caring and contributing to our communities. This includes our Philippine and Australian teams, our clients, and those extending beyond our firm such as peers in the industry and the immediate local Philippine groups. Committing to foster a strong, happy and positive relationship across these units is at the heart of our business.

In November 2016, ‘Client’s Day’ was held. This day is meant for getting our communities involved in a day of learning and giving. It also brings an opportunity to connect our clients with their team members and the Filipino community. These are particularly special moments for everybody because not only do they help to grow their bond, but it also shows a real view into the local culture. We consider it a privilege to strengthen and support the wellbeing of the communities where we live and work.

On this day, The Outsourced Accountant and our clients spent a day at a charity event and a peer-to-peer discussion, further strengthening our company culture and the ties amongst us. The event was participated by 11 clients. Everyone shared a common goal — to make the fellowship meaningful, treasured, and fun. And, that’s exactly what happened.

#TOAGivesBack: A Charity Event at Bahay Pag-ibig

In 2015, TOA had an opportunity to help and give back to the kids at Children’s Joy Foundation Inc. In 2016, we chose Bahay Pag-ibig — a home for about  60 elderly Filipinos who are, unfortunately, abandoned by their families.


Bahay Pag-ibig


Bahay Pag-ibig is located in San Fernando, Pampanga, about 30 minutes away from our TOA Clark office. At present, residents here are being taken care of by caregivers, volunteers, and staff. The home is built and organised by priests and is sustained by people’s donations.

As part of our annual community outreach program, and in the spirit of Christmas, TOA visited Bahay Pag-ibig to spend time (however brief), some entertainment, and a significant amount of supplies for their basic daily needs.

Beyond A Showcase Of Talent

Hosted by Head of Training Niño Velasco, everybody enjoyed the presentations from three of our team members singing “Star ng Pasko” to our elders.


TOA Team Members Singing

(from left) Michelle Reyes, Judith Guintu, Cavin Aguilar


Next is the singing contest where talented elders had a chance to showcase their love for singing. The ‘lolos’ (grandfathers) and ‘lolas’ (grandmothers) poured their heart out in belting out their favorite songs leaving everyone in amazement.


“The visit to the orphanage with the elderly, it was great. The one thing I found really interesting was you couldn’t get the microphone back off when they were singing, they didn’t want to hand it back.

Robert Koch of RWK Accountancy, TOA Client


Elders at Bahay Pag-ibig

Three of our elders joining the singing contest


If we have a singing contest, of course, we can’t miss having a dance contest for our ‘lolos’ and ‘lolas’ who love to dance. To make this activity more exciting, we partnered our lovely elders with some of our clients and TOA executives. Indeed, age is just a number because our participants changed the perception of aging by showing some great moves on the dance floor.


Dance Content at Bahay Pag-ibig

The dance contest during our Charity Event at Bahay Pag-ibig


The team had the chance to visit those who weren’t able to participate in the program. These are the group of the elderlies who are already bedridden. TOA team members and clients went to their dormitories and handed them their gifts. No amount of words could express the happiness and contentment in their eyes with our simple gifts.


“There was a moving experience. It was not what I expected. To experience something like what we experienced today was actually quite moving and to know that some of the TOA team members actually go work there. They volunteer their time and actually work at this charity on a regular basis. It’s heart-wrenching and it really pulls the strings. It’s a good experience. Very grateful for today.

Mark Said of MKS Group, TOA Client


TOA at Bahay Pag-ibig

TOA’s 2016 charity event at Bahay Pag-ibig


See more photos of the Charity event on our Facebook page.

TOA’s Client Collaboration: A Peer-to-Peer Discussion

Facilitated by Nick Sinclair, the peer-to-peer session held on the second part of the day paved the way for an incredibly valuable sharing of insights from TOA and our clients. This provided an opportunity for clients to connect and workshop with each other on a wide range of topics — from general offshoring tips to the most burning issues faced by the industry these days.

Some of the  topics discussed were:

  • Single biggest challenge in your business right now
  • Common reactions of Australian teams to offshore teams, how are these handled?
  • Your clients’ awareness of your offshore operations
  • Biggest challenges on having offshore teams
  • How does business charge out offshore team members?
  • Training your team members as an investment
  • Incentives: What’s best for your offshore team?
  • Advice on those looking to start up in the Philippines
  • Price pressure on compliance: How to deal
  • Best practices to protect your business online
  • TOA update and feedback


TOA Peer-to-Peer Discussion

An afternoon peer-to-peer discussion amongst TOA executives and clients


“It’s brilliant to bring the other firms together — to learn and share ideas

I’d highly recommend any other firms who are offshoring to come to the day that they’ve put on because you’ll get many ideas on how to improve your business not just with offshoring but with all other aspects. If you can just learn one percent improvement in your business, it’ll be well worth coming.”  — Jamie Johns, Sky Accountants


“To be able to bounce ideas off each other has been really good

Just being able to talk to someone and say ‘Have you thought about doing it this way’ or ‘Have you tried this?’ is really good so that you can actually get ideas from someone who’s already done that rather than trying to reinvent the wheel all the time yourself. So it’s been a wonderful day.”  — Robert Koch, RWK Accountancy


“It gives us an opportunity to learn what they’re doing differently

Like what are some of the things that are helping their business out or some of the things we haven’t thought of yet that they’re already down the path in achieving. It’s has been a really valuable insight and we hope that we’ve been able to share some of our experiences with them that will ultimately help them in their business.” — Richard Vaughan, Ashfords Accountants


This day is just one of the ways we do for our community, to further improve each other’s lives and to bring forward to the industry a big step in revolutionising global accounting teams.


Watch the highlight video of the Client’s Day above!


This event is only one of the TOA’s cultural activities that bring us together. If you’d like to see more of our corporate events, please click here. For clients, we hold frequent activities aimed to foster collaboration amongst our community. We also connect you to industry experts as one of our ways to support your growth.

Get in touch with one of our specialists to learn more about our client programmes.  

TOA Accounting Professionals, Standards, Training and Development

The accounting profession is one of the most rapidly progressing profession in the Philippines today. After given formal recognition by the Government in 1923, accountancy showed tremendous growth. One solid evidence of this growth is the ever increasing number of membership, licensure, and specialised services every year. From 43 registered accounting professionals in 1923, the ... Read more

How Accountants, Finance and Marketing Professionals Keep Score

TOA Sportsfest 2017
TOA Sportsfest 2017 Last April, the annual TOA Sportsfest officially opened. Three sporting events -- basketball (April), volleyball (May), bowling (June) -- are contested in this year’s Sportsfest 2017. With three tournaments to participate in, team members certainly got a chance to bond with some good competition. Since TOA has doubled in size since last ... Read more